Question No1.Advantages of responsive supply chain of Zara? A responsive supply chain of Zara works collaboratively among the stakeholders to exchange information in a feedback loop in order to produce enough of a product to satisfy uncertain demand. Zara has greater visibility into the supply chain which makes it responsive to the current market. This allows Zara to sense and respond quickly to capitalize on new opportunities. The information systems are the heart of the business model which enables
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Research papers Zara : A. Clearance Pricing Optimization for a Fast-Fashion Retailer Summary: The research paper ‘Clearance Pricing Optimization for a Fast-Fashion Retailer’ talks about how Zara has increased its clearance revenues by approximately 6% by following a price optimization model. Zara uses minimal in-season promotions and offer continuous changing styles. However they were facing clearance pricing problem because it involved comparatively more different styles of unsold inventory
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Supply Chain Management – Case Assignment 2 Guidelines for submission The questions in this document should be answered for the Zara case‚ which can be found on pages 267 – 279 of the text book. The questions on page 294 should NOT be answered. Please keep your answers concise and to the point. Include the numbering of the questions. You are allowed to use bullet points. Use MS Word‚ 12 point font size‚ standard margins for A4 paper. Start the document with your student number and name on
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joint ventures are popular methods of establishing retail stores while keeping costs low. Buyers do not have much bargaining power. Since buyers are aware apparel companies are quick to do away with failed fashion trends‚ they usually purchase products as soon as they are available. Most fashion conscious shoppers come from middle to upper income families and therefore‚ have the discretionary income to spend on clothes. The threat of substitutes in the apparel industry is high. Customers do not incur
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Threats - ZARA Some threats that affect ZARA include international expansion‚ geographic scope‚ and intense competition. Zara recognizes that the company needs to have a competitive advantage in order to survive‚ so they are constructing a second distribution centre in Zaragoza. Also the company is still looking to expand internationally. Expanding in Spain is difficult for the company because of past experience in Sweden. Zara is considering expansion in North America‚ but is concerned that it
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Zara IT for Fast Fashion Case Notes Identify decision issue‚ and your role as a decision maker Salgado and Sanchez need to decide if it is the right time to update Zara’s information technology. The key concern is the outdated operating system they use for their point of sale (POS) terminals. Should they purchase the current POS machines from their vendors so that they can support their needs in case the vendor changes their machines to new technology? Or should they move to using new operating
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Zara case paper Analysis Zara: IT for Fast Fashion Case Analysis Abstract This case paper makes a possible business analysis of Zara‚ A successful Spanish accessories and clothing retailer of Inditex (Parent Company). The case analysis objective is to discuss on its POS systems to be continued on DOS based operating systems or to upgrade. A brief analysis of Zara’s business model. The factors helped Zara to succeed with minimal infrastructure. An overall analysis of strength
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NATIONAL INSTITUTE OF FASHION TECHNOLOGY An Institute of Design‚ Management & Technology A statutory body under The NIFT Act 2006 NIFT VISION To emerge as a centre of excellence and innovation proactively catalysing growth of fashion business through leadership in professional education with concern for social and human values. MESSAGE The abiding anxiety of career progression is expressed most often through ‘alignment’. National Institute of Fashion Technology aligns itself with a
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Fashion Retail’s Giant LC Waikiki in Malaysia! Global Turkish fashion retailer‚ LC Waikiki‚ opens its first store in Malaysia on December 2‚ 2017 in Kuala Lumpur. LC Waikiki‚ operating its own stores in Malaysia‚ aims to open four stores this year and until the first half of 2018. Stating that they are extremely happy to enter the Malaysian market‚ as one of the prominent economies of Asia‚ LC Waikiki General Manager of Product and Marketing‚ Deniz Aktürk Erdem declared that LC Waikiki allows its
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Technology In today society technology runs the world. Everywhere you turn to in someone’s hand you will find a computer‚ IPod‚ IPad or just some type of technology of any sort. Also compared to times before most children didn’t have access to this type of technology‚ but kids and students in today society have grown up with this type of technology. Growing up with this technology also makes them more familiar with the technology than their parents. Technology has come a long way‚ and technology
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